Real Estate
Office REITs
2 companies under coverage.
Coverage
Office REITs
Equity Research
Alexandria Real Estate Equities Inc (ARE)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $97, +84% vs spot. It needs Gross Margin to surprise to the upside.
Equity Research
BXP, Inc. (BXP)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $119, +80% vs spot. It needs the multiple to hold or expand.